ExxonMobil Petroleum and Chemicals has selected G.A. Lindberg ChemTech to distribute its lubricants in Sweden, Lindberg parent company Indutrade announced Monday.
Indutrade, which is headquartered in Stockholm, predicted the arrangement will increase Lindbergs annual sales revenue by SEK 40 million initially and by SEK 200 million within three years.
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ExxonMobil has marketed Mobil lubricants in Sweden for many years. Indutrade said Lindberg won the distributor contract because of its technical know-how about Swedens industry and access to an active, local sales organization.
Lindberg is part of Indutrades Industrial Components business area, which had sales of SEK 940 million in 2007.